US real estate news

How Does President Donald Trump's New Executive Orders Affect the Real Estate Industry?

Some of the policies Trump signed on Monday aim to reduce housing costs and expand the housing supply in the United States.

White Woman Apologizes for Accusing Black Developer of Trespassing At His Own Home: 'I Thought It Was A White Man'

In an apology video, the woman argued that she did not see the developer's race as it was dark outside at the time of the incident.

Gov. Gavin Newsom Expedites Temporary Housing for Residents in Areas Struck by LA Wildfires

Newsom also announced a measure that would extend a ban on price gouging for rental homes, hotels, and motels until March 8 following the LA wildfires.

Pasadena Native Lost Her House to LA Wildfires One Day After Paying off Her Mortgage: 'It's Gone'

The 64-year-old homeowner left her home due to evacuation orders and returned to see her property left in ruins.

How the Mircale Malibu Mansion and Pacific Palisades Home Survived the Devastating LA Fires

Two homes have gone viral for surviving the Palisades Fire, which scorched over 40,000 acres and destroyed 12,000 homes since last Tuesday.

Real Estate Developer's Newly Completed $40M Malibu Mansion Destroyed by LA Wildfires

The real estate developer spent $27 million to purchase and remodel the Malibu mansion that he spent the last three years renovating.

Here's the Minimum Income You Need To Afford a Typical Starter Home With a 7% Mortgage Rate in the US

The analysis considers homes affordable if it does not require more than 30% of the household income to cover monthly home payments.

LA Wildfire Victims Face Massive Price Gouging As Some Landlords Demand Twice the Rental Price

In some cases, landlords increased their asking prices by up to 75% after the wildfires began last Tuesday.

Oppenheim Group To Offer Free Real Estate Assistance to Families Displaced by LA Wildfires: 'We Will Help You Find a Place'

The brokerage will offer free real estate representation to victims of the LA wildfires. Commissions paid by victims who lost their homes would also be credited.

Americans Had To Spend 41.8% of Their Income To Afford a Typical Home in 2024, Study Finds

To comfortably afford a home last year, Americans needed to earn at least $116,782, the study noted.

US Gov't Sues Warren Buffett's Maryville Lending Firm for Issuing Mortgages to Borrowers Burdened by Debt

The firm was accused of providing mortgage loans to people who could not afford the payments, including a family that already had 33 debts in collection.

US Housing Affordability Unlikely To Improve Until Prices Fall 40%, Wages Increase 70%: Expert

November data showed the median sales price of a typical home in the US rising to over $430,000, marking a 5.4% increase year over year.

Meghan Markle and Prince Harry's Montecito Mansion Now Valued at $29M

The couple purchased the nine-bedroom mansion for $14.65 million in June 2020 after stepping down from their royal duties.

US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers

The number of listed homes that sat on the market for at least 60 days without going under contract rose to 54.5% in November.

Want To Have Jeff Bezos as Your Neighbor? You Can Live Next Door for $200M, But House Not Included

The 1.84-acre lot is located on the private, gated community of Indian Creek, known to many as the "Billionaire Bunker."

These 3 Housing Markets Will See Plummeting Home Values by 2029

The values of homes in some markets could plummet due to a decline in population and an oversupply of homes, among a number of other factors.

Trump's Pick for Housing Secretary Voted Against Legislations To Protect Poor Tenants, Calls Government Assistance 'Destructive'

Turner previously voted in favor of a bill that would allow landlords to refuse applicants using federal vouchers for rental payments.

10 Metro Areas Expected To Be the Hottest Housing Sports in 2025

Experts say some metropolitan areas in the United States will see more favorable housing conditions in 2025 compared to other real estate markets.

US Homeowners Wasting More Space, Keeping Extra Bedrooms Than Ever Before: Report

A new report found that there are 31.9 million extra bedrooms and housing spaces in the US, an increase from 31.3 million in 2022.

New Real Estate Platform Allows US Homebuyers To Check the Political Affiliations of Their Neighbors For Free

The platform will be free for homebuyers to use but require a link from their agents to access.

NYC Bill Relieving Renters of Broker Fees Passes Without Mayor's Signature. Real Estate Groups Are Suing To Stop It

The bill of FARE Act will prevent landlords from requiring renters to cover broker fees, which can amount to 15% the annual rent.

EDITOR'S PICKS

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  Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires

• 

  Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'

• 

  How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires

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  What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?